12 July 2024
On 12 July 2024, the Commerce Bureau of the Conghua District of Guangzhou Municipality issued the “Measures for Promoting High-Quality Development of Finance Industry in Conghua District of Guangzhou Municipality” (“the Measures”). The Measures are applicable to enterprises with business relationship within Conghua District and newly listed on domestic and foreign capital markets. Eligible enterprises can enjoy multiple one-time incentives. Among them, enterprises listed on domestic capital markets (Shanghai Stock Exchange, Shenzhen Stock Exchange, Beijing Stock Exchange) or overseas mainstream capital markets (New York Stock Exchange, NASDAQ Stock Exchange, Hong Kong Stock Exchange, London Stock Exchange) will be granted listing incentives of up to RMB 5 million. The Measures will be implemented from 12 July 2024 and will be valid for 5 years.